Economy > Regional

Macao CPI increases by 0.95 pct in May

MACAO
2017-06-21 14:29

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Composite consumer prices index (CPI) in China's Macao Special Administrative Region (SAR) increased by 0.95 percent year-on-year, the SAR's statistics department said on Wednesday.

Composite CPI increased to 109.20 in May, which was attributable to higher charges for eating out and outpatient services, as well as increase in tuition fees, according to latest data released from Macao's Statistics and Census Service (DSEC).

Among the various sections of goods and services, price indices of Education and Health increased by 7.46 percent and 5.14 percent respectively year-on-year, and price index of Food & Non-Alcoholic Beverages that accounted for the largest share of household expenditure went up by 1.62 percent.

Meanwhile, price indices of Communication and Housing & Fuels dropped by 5.79 percent and 1.28 percent respectively.

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